Process for W-Code Accounts
|
|
|
|
|
|
|
|
|
|
|
| |
| |
|
Account is a 407 Account. Does client have a 407 letter?
|
| |
| |
|
|
|
NO
|
|
YES
|
|
|
|
| |
|
New Accounts W/E code
|
|
Prompt Reminder given on SMART screen to send 407 letter to Compliance with instruction to W/E code.
|
|
Upload 407(b) letter. "Add Document." New Accounts codes the account W or E.
|
| |
|
|
|
|
|
|
|
|
|
|
Compliance checks queue daily.
|
|
Account populates in W/E code Compliance queue with necessary 407 letter information.
|
| |
|
Has the contra firm requested duplicate statements and confirmations?
|
| |
|
|
|
|
|
YES
|
|
NO
|
|
| |
|
Compliance issues 407(b) letter "A" to contra-firm; compliance sends copy of letter to Imaging to scan into Metaviewer.
|
|
New Accounts adds duplicate statements and confirmations.
|
|
Compliance checks queue daily.
|
|
Account populates in W/E code compliance queue with necessary 407(b) letter information.
|
|
|
|
|
|
|
|
|
|
| |
|
W/E Code Queue: Add notes. Compliance adds the date that the 407(b) letter is sent.
|
|
Account populates in W/E code compliance queue with necessary 407(b) letter information.
|
|
Compliance checks queue daily.
|
|
Compliance issues 407(b) letter "C" to contra-firm; compliance sends copy of letter to Imaging to scan into Metaviewer.
|
|
|
|
|
|
|
|
|
|
| |
| |
|
Compliance issues 407(b) letter "B" to contra-firm; compliance sends copy of letter to Imaging to scan into Metaviewer.
|
| |
|
W/E Code Queue: Add notes. Compliance adds the date that the 407(b) letter is sent.
|
|
|
|
|
|
|
|
|
|
| |
| |
|
W/E Code Queue: Add notes. Compliance adds the date that the 407(b) letter is sent.
|
| |
| |
|
|
|
|
|
|
|
|
|
|
SMART W Code Process
More flowcharts
